US wrangling and mutual collapse sparks new market fall (AFP)
September 26, 2008 by Administrator · Leave a Comment
AFP – Deadlocked talks on a bailout of the US financial system and the collapse of Washington Mutual bank sparked new falls on global markets Friday despite the injection of tens of billions of dollars by central banks.
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Lawmakers to tackle bailout plan again Friday (Reuters)
September 26, 2008 by Administrator · Leave a Comment
Reuters – Congressional leaders will try again on Friday to save a $700 billion Wall Street rescue plan after talks broke down in acrimony against the backdrop of the nation’s biggest-ever bank failure.
US Government takes over mortgage giants
September 8, 2008 by Administrator · 2 Comments
AP – The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. Read more…
Convention off to rocky start amid hurricane
September 2, 2008 by Administrator · Leave a Comment
AP – Republicans set aside the agenda to focus on hurricane relief in the opening hours of their national convention, only to see the scaled-back program for Day One overshadowed by jarring disclosures about the family and work life of John McCain’s running mate, Sarah Palin. Read more…
Gustav shields McCain from Democrat barbs
September 2, 2008 by Administrator · Leave a Comment
Reuters – Not only is Gustav slowing Republican presidential hopeful John McCain’s big convention party, it also is sparing him from Democratic criticism that his election would amount to a third Bush term.
Obama may announce running mate later today
August 22, 2008 by Administrator · 2 Comments
AP – Presidential candidate Barack Obama said Friday the running mate he has chosen but has not yet announced had to meet three standards to join the Democratic ticket: Prepared to be president, able to help him govern and willing to challenge his thinking.
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